Verona, MN is a family friendly city located near the Twin Cities metro area. Despite being close to a large urban center, Verona has managed to retain its small-town charm. It offers people a combination of exciting amenities and a peaceful life. The cost of living in Verona is quite affordable when compared to the rest of the United States. 2 bedroom rent is $810 which is about 57% less than the average rent nationwide at $1,430. Additionally, the grocery cost index in Verona is only 93 versus 100 in the US meaning groceries are even cheaper here than elsewhere in America.
Verona has many companies that offer jobs to its residents including Target Corporation, Cargill Inc., Deluxe Corporation, and many more. All these businesses contribute to making Verona an attractive place not just for living but also for working and having fun with family and friends.
Verona has an unemployment rate of 5.2%. The US average is 6.0%.
Verona has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Verona
- The Sales Tax Rate for Verona is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Verona is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Verona
- The average income of a Verona resident is $27,672 a year. The US average is $28,555 a year.
- The Median household income of a Verona resident is $63,750 a year. The US average is $69,021 a year.